Inside The Most Expensive Home Ever: 'The One'

LOS ANGELES, CA — A candy wall, a wine room and infinity pool overlooking the Los Angeles skyline? Oh please, that’s for mere multi-millionaires. The elite clientele of the LA housing market expect a home with its own nightclub, LED ceilings displaying moving clouds, multiple bars, a commercial-sized salon, a lounge with walls made of jellyfish aquariums, and a 5,500-square-foot master suite with its own pool — because who wants to have to rub elbows with the plebs from your own in-home nightclub?

Fortunately for the upper crust of Los Angeles, such a home will soon hit the market. The cozy 100,000-square-foot, 20-bedroom home, dubbed "The One," will list in 2018 for $500 million, eclipsing the asking price set by the most expensive home ever sold worldwide - $300 million, according to the New York Times.

The home makes Los Angeles the epicenter of the new gilded age, the newspaper concludes.

So who would buy such a property?

“Let’s say you’re a super-wealthy single dude who just sold your company,” the property’s owner/developer Nile Niami told the Times. “You’ve just moved to L.A. and you don’t know anybody, so you hire someone to fill your house with partyers. You want everyone to know who you are, but you don’t want to talk to anybody. So you go sit in your V.I.P. room.”

The project has already taken five years, and it will have at least four pools when it’s done, along with a bowling alley and 40-seat movie theater. The four-acre property sits atop Bel Air overlooking Stradella Road and offers panoramic views of the coast to downtown Los Angeles. The house will have California's largest indoor pool, and it will be surrounded by a moat, according to Niami.

"There's a lot of people out there with a lot of money — they want something no one else can have," Niami told CNBC. "This is it."

Photo: Youtube screengrab